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The GBPUSD forecast update 21-10-2024
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The GBPUSD forecast update 21-10-2024
Nov 3, 2024 12:08 PM

The GBPUSD price trades negatively to approach 1.3000$ level, waiting to break this level to reinforce the expectations of continuing the domination of the correctional bearish trend, which its next target reaches 1.2866$.

Therefore, the bearish trend will remain valid and active unless breaching 1.3060$ and holding above it.

The expected trading range for today is between 1.2970$ support and 1.3110$ resistance

Trend forecast: Bearish

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